Anadarko Petroleum and Exxon Mobil are expected to sanction two separate but neighboring LNG projects in Mozambique this year after finding large offshore gas deposits.
The country was among several that showcased acreage available for oil and gas exploration, development and production during this week’s NAPE conference.
A look at top performers among oil and gas producers suggests that a $50 WTI price environment will not act as a show-stopper for U.S. shale.
Drilling curbs by oil producers in the Permian Basin, the largest U.S. shale field, will continue until transport bottlenecks ease and investors stop punishing companies, executives say.
The proportion of renewable energy in power generation is set to increase to 20% by 2030, which translates to a target of 49 GW of new renewable generation capacity by 2030, Equinor said.
Danos said it had reached a “tentative agreement” to acquire the assets and business of Shamrock Energy Solutions, a privately-held, 22-year-old oilfield service company based in Louisiana.
Howard Energy Partners and NextEra Energy Partners formed a JV on Feb. 13 to develop additional natural gas transportation opportunities in the Eagle Ford shale region of South Texas.
Amos Hochstein, Senior Vice President in Tellurian Inc, signed the memorandum of understanding with Petronet LNG managing director Prabhat Singh through a video link.
Chesapeake Energy Corp. announced on Feb. 14 an innovative partnership to accelerate the company’s digital transformation and data-driven growth initiatives.